Lumax IndustriesNSE:LUMAXIND +3.41%77 Net Margin % is 4.51% as of Mar. 2026, which is 6% above its 10-year median of 4.26. GuruFocus rates NSE:LUMAXIND with a GF Score™ of 77/100 and a GF Value™ of ₹4,335.29 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Lumax Industries ranks better than 57.47% on this metric.
The historical rank and industry rank for Lumax Industries's Net Margin % or its related term are showing as below:
NSE:LUMAXIND'
s Net Margin % Range Over the Past 10 Years
Min: 1.27 Med: 4.26 Max: 5.61
Current: 4.12
NSE:LUMAXIND's Net Margin % is ranked better than 57.47% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs NSE:LUMAXIND: 4.12
Lumax Industries (NSE:LUMAXIND) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Lumax Industries Net Margin % Related Terms
Lumax Industries Net Margin % Historical Data
* Premium members only.
The historical data trend for Lumax Industries's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:LUMAXIND vs ORLY, AZO: Net Margin % Comparison
For the Auto Parts subindustry, Lumax Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lumax Industries Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where Lumax Industries's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lumax Industries (NSE:LUMAXIND) has a Net Margin % of 4.51% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Lumax Industries and its competitors. This is near median its historical median of 4.26. Over the past decade, Lumax Industries' Net Margin % has ranged from 1.27 to 5.61. According to the industry distribution chart, Lumax Industries ranks #564 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 42.5%.
Is Lumax Industries' Net Margin % too high?
Lumax Industries' current Net Margin % of 4.51% is near median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 5.61. The Vehicles & Parts industry median Net Margin % is 3.21. Lumax Industries' value of 4.51% is 40.7% above this industry median. Based on the distribution chart, Lumax Industries ranks #564 out of 1326 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Lumax Industries has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax Industries' Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lumax Industries ranks #564 out of 1326 companies for Net Margin %. This puts Lumax Industries in the upper half of its industry. The industry median Net Margin % is 3.21. Lumax Industries' value of 4.51% is 40.7% above this benchmark. Historically, Lumax Industries' own Net Margin % has ranged from 1.27 to 5.61 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 3.21, Lumax Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lumax Industries's current Net Margin % of 4.51% is 40.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Lumax Industries and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumax Industries's current Net Margin % is 4.51%, which is near median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax Industries stock overvalued right now?
Based on GuruFocus' analysis, Lumax Industries (NSE:LUMAXIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,335.29, compared to a current price of ₹5,291.50 — trading 22.1% above its estimated fair value. The current Net Margin % is 4.51%, which is near median its 10-year median of 4.26 and 40.7% above the Vehicles & Parts industry median of 3.21. Lumax Industries' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Lumax Industries (NSE:LUMAXIND), the current Net Margin % is 4.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lumax Industries (NSE:LUMAXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lumax Industries stock appears to be overvalued.
The current stock price of ₹5,291.50 is trading 22.1% above its estimated GF Value™ of ₹4,335.29.
GuruFocus considers Lumax Industries to be Modestly Overvalued.
Key valuation signals for NSE:LUMAXIND:
Net Margin %: 4.51% (near median its 10-year median of 4.26)
GF Value™: ₹4,335.29 vs. price of ₹5,291.50 (22.1% above fair value)
Industry Position: 40.7% above the Vehicles & Parts median (#564 of 1326)
No single metric tells the full story. See the NSE:LUMAXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four-wheelers and two-wheeler applications in India. The Company's business activity falls within a single business segment, which is the manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to the domestic and overseas markets, of which a majority of revenue is derived within India.
77GF Score
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